Daily Motor News – Thursday 19 March 2026 

The future of total loss belongs to the few who choose differently 

In a market dominated by scale, automation, and consolidation, it has become fashionable to talk about efficiency as if it were the only currency that matters. But at e2e, we see something different happening beneath the surface of the UK motor claims industry – something more nuanced, more human, and far more consequential. Read more

Thatcham Research flags SERMI concerns 

Thatcham Research has raised awareness of growing industry concern ahead of the introduction of the Security-Related Repair and Maintenance Information (SERMI) scheme, set to come into force on 1 April 2026. Read more

Industry leader interview: 10 minutes with… Carl Clavering, Managing Director, BHR Assist Insurance Services Ltd 

In the fast moving world of insurance claims, time is precious and perspective is invaluable. We sat down with Carl Clavering, Managing Director of BHR Assist Insurance Services Ltd, for ten minutes of honesty, insight, experience, and industry reflection. Read more

Lloyd’s market delivers strong full year performance; very strong balance sheet; increased capital 

“Strong underwriting performance, disciplined growth, and resilient investment returns underpinned the Lloyd’s market’s result in 2025. Supported by a very strong balance sheet, these results provide a firm foundation for the challenges and risks ahead, enabling the market to support communities, businesses and economies through periods of uncertainty.” Patrick Tiernan, Chief Executive, Lloyd’s. Read more

Large European Reinsurers Post Record 2025 Earnings; More Tests Ahead 

The four largest European reinsurers reported record average return on equity of 19.6% in 2025, above 2023’s previous high of 17.1%, Fitch Ratings says in a new report. Sustained underwriting results across most business lines and steady investment returns supported 2025 profitability in prolonged favourable market conditions, although 2026 brings a less supportive environment. Read more

This car insurance error could cost UK drivers an estimated £677 million every year – are you one of them? 

Drivers could lose an estimated £677 million every year because they forget to compare policies when their car insurance is up for renewal, according to new data.^[1] This forgetfulness results in their policy auto-renewing, which often doesn’t offer the best deal – meaning many could be paying significantly more for insurance than they need to. Read more

Police powers and procedures: Roads policing, to December 2024 

New data highlights for year ending 2024, a total of 2,934,790 motoring offences were recorded, which resulted in a fixed penalty notice (FPN) or another outcome. The highest recorded since comparable records began in 2011. Read more

Vehicle Thefts in the U.S. Declined Nearly 25% Last Year: NICB 

US: Prevention efforts are making a substantial dent in vehicle thefts across the nation, according to newly released data by the National Insurance Crime Bureau (NICB). Read more

Bolt and Nvidia partner on AI foundation for scaling AVs in Europe 

Nvidia and European mobility platform Bolt have announced that they are collaborating on an AI foundation that will enable the scaling of autonomous vehicles in Europe. Read more

Motor finance scandal and £85m of cost savings forces Close Brothers to cut 600 jobs 

Close Brothers is axing around 600 jobs as it accelerates cost-saving measures, following fresh losses driven by a growing compensation bill linked to the motor finance scandal. Read more

How high could UK petrol and diesel prices go? 

Motorists in the UK are facing higher fuel costs as the US-Israel war with Iran continues. Wholesale oil and gas prices have surged since the conflict began on 28 February, with the production and transportation of energy across the Middle East slowing or stopping entirely due to missile strikes and drone attacks. Read more

NWVA and New Era Energy drive low-carbon fleet transformation 

Vehicle recovery and fuel supply specialists NWVA and New Era Energy have announced a strategic partnership focused on accelerating low-emission transport through the adoption of renewable fuels. Read more

Pay grows at slowest rate in more than five years 

Pay has grown at its slowest rate in more than five years, according to the latest official figures. Earnings – excluding bonuses – grew at an annual rate of 3.8% in the November to January period, down from the previous figure of 4.1%. Read more

Transitioning to electric fleets? Can you answer these questions? 

Electric vehicles (EVs) can offer your fleet operations and the wider business many advantages, from lower running costs to boosting your environmental credentials with customers, partners and investors. Read more

IFB is recruiting for voluntary roles  

The IFB Board oversees our strategic direction and represents the best interests of the membership as a whole. It is made up of Directors who collectively bring a diverse range of skills, including technical fraud expertise, claims, data, information security, strategic risk, customer experience and broader industry knowledge. Read more

Used car supermarket Cartime has appointed Maciej Zydek as head of vehicle preparation as it scales its operational capability to support continued growth. The North West-based retailer said the appointment is a key step in strengthening its infrastructure as vehicle volumes increase and expansion plans accelerate. Read more